The Oktibbeha County Board of Supervisors has signed a definitive asset purchase agreement for the sale of OCH Regional Medical Center in Starkville, Miss., to Memphis, Tenn.-based Baptist Memorial Health Care. The signing, announced Aug. 18, follows the board’s May…
Transactions & Valuation Issues
Philadelphia-based Temple Health has acquired Redeemer Health’s 20% stake in Chestnut Hill Hospital, giving the academic system an 80% ownership interest in the hospital. “This was a planned transaction that comes approximately two and a half years after Chestnut Hill…
President Donald Trump on Aug. 13 revoked Executive Order 14036, a 2021 directive issued under the Biden administration aimed at promoting competition across the U.S. economy, including healthcare. Five things to know: 1. Executive Order 14036 (Promoting Competition in the…
Large hospitals spent more on capital projects last year to stay competitive while small hospitals tightened their budgets, according to Moody’s. The ratings firm tracked financial data for 209 hospitals across the U.S., finding the gap in capital spending grew…
West Virginia announced plans to sell four state-run hospitals, and two proposed hospital acquisitions on the West Coast were called off. Here are three healthcare M&A developments Becker’s reported on during the week of Aug. 11: 1. Flint, Mich.-based Insight…
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Franklin, Tenn.-based Community Health Systems signed a letter of intent Aug. 6 to sell three Pennsylvania facilities to hospital turnaround firm Tenor Health Foundation. Since 2020, CHS has announced or completed the sale of 39 hospitals: 2025 2024 2023 2022…
Flint, Mich.-based Insight Health System is stepping away from negotiations on a proposed lease-to-purchase agreement with Hollister, Calif.-based Hazel Hawkins Memorial Hospital, citing uncertainty around the recently signed One Big Beautiful Bill Act. In November, San Benito County voters approved…
West Virginia plans to sell four of its long-term care facilities to Marx Development Group, a privately held, full-service real estate development firm based in Fresh Meadows, N.Y., West Virginia Gov. Patrick Morrisey announced Aug. 12 during a news conference…
Brentwood, Tenn.-based Quorum Health has withdrawn from a proposed deal to operate the financially struggling Bay Area Hospital in Coos Bay, Ore. The organizations announced Aug. 8 that Quroum, a for-profit hospital management company, terminated its nonbinding letter of intent…
Columbus-based OhioHealth will open its new Canal Winchester Health Center on Aug. 12. The three-story, 40,000-square-foot facility will offer 24/7 emergency care, primary care, diagnostic services, women’s health, sports medicine and rotating specialty care, according to an Aug. 11 press…